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FlexShares, the exchange traded fund unit of Northern Trust, launched two new fund products based on the multi-factor model approach that will provide a heavier emphasis on international small-caps and value stocks.

“Think of it as pouring out exposure into a series of glasses,” Shundrawn Thomas, managing director and global head of ETFs at Northern Trust, said in an Investor Advisor article. “One of those glasses is marked ‘small-cap’ and one is marked ‘value’ – we’d pour a little bit more into those two glasses than the rest.”

“Now, with our two additional tilted index funds, investors have the ability to apply the strategy to investments across the globe,” Thomas said in a press release.

TLTD holds stocks located in developed countries around the world, excluding the U.S. The fund has 1,336 holdings, with a market-cap breakdown of 58.3% in large-caps, 16.7% in mid-caps, 23.9% in small-caps and 1.1% in micro-caps. The ETF has a 0.42% expense ratio.